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H R 314 Notch Fairness Act
Can We Trust Congress After Surprise Social Security Cuts? .What can you do? .Joint filers in households where both spouses work or where one or both spouses have more than one job. … Continued
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Weekly Update For Week Ending June 5 2020
These trends are likely to continue a rapid climb in years to come. The first jump in the ESF coincided with the big increase in illegal immigration of 1970's. When Congress overhauled immigration laws in 1986, amnesty was offered to immigrants who could prove they were longtime, law-abiding residents. About 3.1 million were legalized, twice as many as the government expected. Because the law had no provisions for any new workers to enter, illegal immigration continued.(8) .In his opening statement, HELP Committee Chairman Lamar Alexander (TN) said: "Our focus today is on what happens to the cost of the drug after it is approved by the FDA. We will examine the path an approved drug takes from the manufacturer to patient, and how this path affects what the patient pays … This is a discussion that affects the well-being of every American family. It is important that we work together to conduct this fact finding in a bipartisan way." .TSCL Announces Support for New Bill … Continued
TSCL enthusiastically supports H.R. 1391 since it would strengthen the program without cutting benefits for seniors. We were pleased to see support grow for it this week. .TSCL agrees that Congress must act immediately – before next week's October 15th deadline – to prevent the cost increases from occurring. We will be advocating in the days ahead for the passage of the new bills sponsored by Sen. Wyden and Rep. Titus, and we will post updates here in the Legislative News section of our website, or on our page on Facebook. .We at TSCL are not doctors or scientists. But with all the different voices being heard about what the right thing is to do or not to do, what we do urge you to be is very cautious. It makes sense to us to listen to the trained professionals in medical and scientific fields as we deal with our current health care situation. .Experts estimate that fraud, waste, and abuse within Medicare costs more than billion each year. What efforts do you support to ramp up prevention? .Advocates who help retirees enroll in these programs say that, even if your income is slightly above the eligibility limits, you might still qualify because certain types of income and assets may not be counted. .Actuaries aren't in agreement over how many more years of solvency Social Security has left. The 2018 Social Security Trustees Report estimates that the Social Security Trust Fund will become insolvent in 2034, about 15 years from now. The more pessimistic Congressional Budget Office (CBO) estimates the depletion date would be two years sooner in 2032, only 13 years away. If Congress does nothing, and allows the Social Security Trust Fund to become insolvent, the program could still pay benefits, but benefits would be cut to coincide with the amount of revenue received — by about 25%. .The most important thing people nearing retirement should consider doing is to delay starting benefits until age 70, the report says. After reaching full retirement age, benefits will grow 8 percent per year after for each year delayed, until age 70. "The higher your benefit and COLA, the easier it will be to cover Medicare Part B and other healthcare costs in retirement," Johnson says. .August Recess Continues .I care deeply about guaranteeing that all Americans have access to food, regardless of their income. That is why I introduced this bill.